Literature Review

BUSINESS ETHICS
Business literature is truly based on strength and its strategy (formula for success) .Basically these all
started with F.W.Taylor for HR to excellence but with holding consumer with growth, globally is
indeed.

“Business led a wide range of critical news in communication media” were you can only accept and
evolve. Many do confuse business and ethics, as they both don’t mix; business in technical, not
ethical .But people should understand that business is driven by values (but not all values are
ethical).Moreover Relativism, Objectivism and subjectivism has the truths for all ethics but not all.

ASSUMPTIONS:

 Top-Down: Codes of practice and ethics as well as operation is maintained in corporate

business. (For Ex : BOD are responsible for major activities, but they need scope for more
checks and balances )
 Ideology: Business ideology involves concept of stakeholder (more or less inclusive)
 Monoculture: Business is driven by owners. (For Ex , Globalisation , the problem isn’t with it
but how it has been managed )

CONCLUSION:

In this imperfect world there is a gap between aspirations expressed and practical operation.
It can’t be neglected or vanished but can be reduced by proper empirical methods and research. As
Aristotle, “The conclusion of a moral argument is an action” .